ICICI Bank Personal Loan Branches in Kanpur

Axis Bank Personal Loan Branches in Kanpur

Overview of Personal Loan Kanpur

Kanpur is one of the most famous cities of Uttar Pradesh. The city is second largest in the state and is in a close proximity to the capital city, Lucknow. Often times, this city is called Manchester of the East as it is based on the banks of river Ganges. Personal loan can be needed for simply any kind of personal need such as shopping, vacation, or to handle an emergency medical need and so on. It is possible for people to get personal loan at good rates here. A personal loan is easy to avail and handle the emergency need of cash. People who want to borrow money can look up to government officials, financial organizations, and so on to fulfill their needs.

Personal Loan in Kanpur

So whether it is a festival, ceremony, vacation or a purchase of your new vehicle, personal loan Kanpur will help you to easily handle the situation. With so many options out there, it is not really difficult to get the one that is perfect for you. However, you need to have a good credit history if you really want to succeed in your endeavors to get a personal loan. You will also need to have a decent salary to provide as an assurance to the lender that you are a good candidate for them.

How I get a Personal Loan with the Lowest Interest Rate?

Well, this is one of the most common questions that many borrowers ask when going for a loan. Personal loans are easily available for you to compare on the internet and so it becomes very easy for you to narrow down the best lender and get lowest interest rate on your loan. One of the best ways is to compare the interest rates offered by the different banks and then choosing the option that is best suited to you. You need to also realize that at the time when you apply for a personal loan in Kanpur, just the quick online research will not be enough to give you the best interest rates. It is advised to carefully go through the printed documents in order to get the best deals for your loan. Once you carefully examine these things, it will help you get a personal loan that offers the lowest interest rate.

Document Required of Personal Loan in Kanpur

Documentation is one of the most important things when it comes to availing personal loans in Kanpur. So you need to make sure that all your documentation is crystal clear. Here is a list of documentation that you will need to get your loan.
KYC Documents

Identify proof

Your driving license, voters id, pan card and passport should be enough for this

Residence proof

You need to produce your electrical bill, driving license, Aadhar card or rental agreement if you are residing in a rented house.

Application Form

You need to give duly signed form that is attested with your photograph

Income documents required for self employed business & owner professionals

3 years Income tax return, computation of income, Latest 3 years balance with profit and loss account, all the schedule of the balance sheet, 12 months bank statement, company (or) business profile, Audited reports are Applicable.

Other Documents

Recently closed loans details

Based on your overall profile the banks may need some more documentation, one self attested copy of document, the original document may also be required for verification purposes

Eligibility Criteria of Personal Loan in Kanpur

One of the best things about a personal loan is that it is an unsecured loan and so there is a minimum eligibility criterion. However, it is still best to get updated about the eligibility criteria because it will help you choose a right lender from a wide range of them available out there. Lenders may have separate criteria for eligibility and the factors such as age, credit score, employment type, job status, and so on may vary. Here are some of the eligibility criteria for a personal loan in Kanpur.

The borrower should be an Indian resident

The minimum age requirement is 21 years old

He/she should have a valid identify proof issued by the government

A valid bank account is important for personal loan as well.

If you realize that you are currently not eligible for a personal loan, you can take the right steps to qualify in the future.

Personal Loan Offered by Various Banks in Kanpur

Kanpur is a hub of various small businesses and salaried employees, and so there are numerous banks offering personal loans in Kanpur. However, it is best to carefully consider the offer and then choose the bank and decide on what is best for you. Here are the top 10 banks that are making personal loan available for you in Kanpur:

IDFC Bank

HDFC Bank

ICICI Bank

Bajaj Finserv

Kotak Mahindra

Capital First

Fullerton

IIFL

RBL Bank

Tata Capital

Make sure that you carefully consider their offers and spend time in comparing them so that you can end up with the best rates.

Why iServe Financial?

This is one of the most common questions that people are asking these days, but there are numerous answers to it. When you are looking for getting a financial solution for personal loan, car loans, loans against property, and so on, iServe Financial is your one stop destination. You can be sure to get access to more than 50+ banks and the NBFCs right on your computer screen with the help of iServe Financial. It is very easy for you to compare loan options, the insurance and credit card options with iServe serving you. iServe team is always on their feet to make sure that you get the best deals available out there in the market and once your loan is approved, the disbursal is quick as well. In order to make the right decision, you will get access to useful tools such as the eligibility calculator, IFSC codes, Balance transfer calculator, loan eligibility calculator, and so on. This will help you spend less time and get more insights into the market condition.

Doorstep service from iServe is one of the best that you can get. You can get instant quote right on your screen, and you can also get doorstep service if you would like that way. iServe also has customized services for customers and so they can be sure to get the services that are suitable according to their personal condition.

FAQ’s of Personal Loan in Kanpur

Can I start paying the EMI after few months?
Yes, you have the option to pay EMI after 6 months which is not applicable for interest rate.

With iServe financial what is the minimum amount of loan that I can get?
Well, the minimum amount of loan that you can get is Rs. 30,000 and the maximum amount you can get is up to 10 lakhs.

If possible for me, can I pay the EMI before due date?
Yes, you can also pay your EMI before the due date so that you can manage your funds well.

What rate of interest can I expect from iServe financial?
With iServe the interest rate for your loan starts from 7.67% and goes up depending upon various other factors.

What is the usual tenure of personal loan?
The usual tenure of personal loan is up to 60 months.

Is online application available for personal loans in iServe financial?
Yes, online application is available; in fact, you can apply for a personal loan in just a few minutes.

Can I claim an insurance protection in iServe?
Yes, iServe Financial provides insurance protection for its borrowers.

So with the above mentioned information you are equipped to make a wise decision when opting for a personal loan in Kanpur. However, it is wise to make sure that you always ask and clarify any queries before coming to a conclusion and taking blind decisions. Before borrowing a personal loan, it is best to be 100% sure about the interest rates, repayment options, and so on in order to be safe and get the best deals as well.